
Chinese tech giant achieves AI cost reduction with only Chinese chips - Bloomberg
Kyiv • UNN
Ant Group, backed by Jack Ma, has developed methods for training AI on Chinese Alibaba and Huawei chips, reducing costs by 20%. Chinese chips have performed on par with Nvidia.
Chinese fintech giant Ant Group, backed by Alibaba founder Jack Ma, has used Chinese-made semiconductors to develop artificial intelligence model training methods that could cut costs by 20%, citing people familiar with the matter, Bloomberg reports, writes UNN.
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Earlier this year, DeepSeek briefly crashed Nvidia's stock over speculation that its models require far fewer chips.
Now Ant Group, backed by Jack Ma, is claiming a major breakthrough in the AI industry. Ant has been able to use Chinese chips made by Alibaba and Huawei to create methods that will reduce AI training costs by 20%, Bloomberg reports.
Moreover, Chinese chips performed about as well as Nvidia chips in Ant Group tests, Bloomberg sources say.
If these Chinese chips catch on, it could hurt Nvidia's current and profitable status as the most popular AI chip maker, TechCrunch notes.
Nvidia chips remain in high demand, particularly in China, where buyers are reportedly getting its latest Blackwell chip despite US export controls.